It’s July 2 and the 2014-15 International signing period begins today.
Even with the fourth largest International signing bonus pool, the Cubs are not expected to be very active early in the signing period, and the main reason is because of the penalty the team received for signing the top two international prospects in OF Eloy Jimenez and SS Gleyber Torres last year and several of the top 30 international prospects, including RHP Jen-Ho Tseng.
The Cubs signed a total of 27 players during the 2013-2014 International signing period and spent more than $8.22 million adding “more potential impact talent on the international amateur market” than any other team according to Baseball America.
The Cubs can, and are expected to trade some of the team’s $3,962,700 International signing bonus pool.
The International signing bonus pool is made up or four slot values. Each team has a base of $700,000 and the value of the team’s total bonus pool is based on winning percentage from the previous full season.
- Here are the Cubs four slot values: (1) $2,288,700; (2) $458,000; (3) $309,300; (4) $206,700
The exemption that allowed teams to sign up to six players for up to $50,000 without it counting against the bonus pool has been eliminated this year. Teams can still sign players for $10,000 or less without it counting against the bonus pool.
Baseball America is not sure how many of the slots the Cubs will be able to include in trades. Baseball America thinks Dominican lefty Wander Cabrera could be one of the Cubs targets. And the Cubs could end up signing “a lot of players in the $100,000 to $250,000 range.”
- International Signing Bonus Pools
- Four Slot Values for Each MLB Team
- Baseball America – Team-By-Team International Forecasts
- MLB.com – Top 30 International Prospects
- MLB.com – International Signing Rules